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ICICI names Chanda Kochhar as next CEO

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Agencies

Posted: Dec 19, 2008 at 1024 hrs IST

Mumbai ICICI Bank on Friday named Chanda Kochhar as the successor of K V Kamath to the post of CEO and Managing Director.

Kamath would take over as non-executive chairman after his retirement on April 30, 2009 and Kochhar would take over from May 1, 2009.

Kochhar, who is ICICI Bank's Joint Managing Director and group Chief Financial Officer, had joined the erstwhile ICICI as a Management Trainee in 1984. When ICICI decided in 1993 to enter commercial banking, she was deputed to ICICI Bank as part of the core team to set up the operations.

Kochhar was instrumental in setting up and scaling up the retail business for ICICI Bank. In April 2001, she took over as the Executive Director, heading the retail business in the ICICI Bank. In April 2006, she was appointed as Deputy Managing Director.

"I would like to thank the Board for the confidence that they have reposed in me, and Kamath for his inspiring leadership. I am committed to working with our team and with all our stakeholders to leverage the ICICI Group's strengths and capitalise on the opportunities before us," Kochhar was quoted as saying by ICICI Bank in a statement.

She has often featured in the Fortune magazine's annual lists of most powerful business women across the world.

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misbehave by Sandesh Bramhankar on 25 Oct 2011

Respcted Madam, I had applied for home loan since last 2 month (18-08-2011) that time executive told us the loan will be sanctioned within 7 days. I have submitted all documents which have to be required for loan. They were checked my all documents & said your all documents are right as per bank requirements & loan will be sanctioned. In last 2 month this branch person are continuously demanding different 2 documents & I am continuously going your branch more than 10 times & they are wasting my time because I have submitted all documents in 1 st time.But when I went at your branch 22-10-2011, that time home loan branch manager told us we can%u2019t sanction your loan because Malegaon is non-sourcing location but my property is in Nasik not in Malegaon only my residential address in Malegaon. I have taken property from a class builder A1 at Nasik which project file is already registered in your bank. This is the Diwali festival time so builder payments is must but at lastmoment bank is den

Unnacessary Harrasment by deducting EMI 02 times in same month by Sunil Kashyap on 15 Feb 2010

Dear Madam, In feb.10 the EMI was deducted on 10th of Feb.10 and again it was debited on 11th of Feb.10 I spoken to your call center on 11th%u2026 There I was told about non updation of any remark in my loan account. Again I spoken to your CCE Mr. Paul Shorry%u2026.he told me to give a ring in 01 hrs but till now I am waiting for that call. My only concern is that a mistake is happened from the bank and no one is able to answer there to customer as well as there is a BIG gap between your CCE and bank operation team%u2026I have to face many problem with incident as I have no money in my bank account and there was some medical emergency at my home and I could not draw money just because of your people%u2019s mistake. and toady is 15th feb but still ihavent recevied my ammount. requested to you please do the needful on urgent basis.

unilateral blocking of money from saving account by ICICI Bank by suraj narain kakar on 27 Sep 2009

Sub: Unilateral Blocking Money by ICICI Bank from saving bank account no 016001020079I wish to inform you that I have the above mentioned saving bank a/c with ICICI Bank.I also have two personal loans with the bank for which I am paying every month the EMI.EMI for September for Rs 12758/- too have been debited to my account on 24th September 2009. Till this month I have been regularly paying my EMI every month, at times late by couple of days, for which they have been charging me extra amount for the delayed payment.On 26th September 2009, without informing me, they blocked money amounting to approximately Rs.13000/- from my account. This even resulted into bouncing of my Credit card payment Cheque No. 497117 dated 25th September 2009 for Rs. 7554/- despite the clear balance in my account. Since they blocked the money from my account on 26th September 2009, resulting into bouncing of the cheque. Then further they debit

blocking money by mina on 07 Jun 2010

they actually do that with no reason , they should be punished heavily

PENDING HOME LOAN MATTER by JAYANT DEORE on 10 Sep 2009

DEAR MAM, I AM AN APPLICANT OF HOME LOAN, I AM WORKING AS GROUP HEAD IN H.R. IN LIMITED COMPANY. I PURCHASED FLAT IN PUNE AND PAID 15% AMOUNT AFTER GETTING ASSURANCE OF SANCTION FROM NASHIK I.C.I.C.I. I WAS SUPPOSE TO GET SANCTION ON 7TH SEPT. 09 BUT I DONT GET ANY RESPONCE FROM YOUR AUTHORITIES. I AM IN ORBIT, PLS. ADVICE. REGARDS, JAYANT DEORE.

Re Issue Password by Jitendra Sharma on 07 Aug 2009

Hi there I had registered a request for re-issue password for my internet banking, the request number was SR114652245, today when i checked the status for the application status it is written that the address you provided is not macthing with us..again i submitted a new request, number is :SR114882682] and again it is showing the same message.Then i dialed your customer service and told the problem then your representative is saying that it will be activated in next 24 hours, now you all guys tell me what to do next. My user id (which is blocked now)is : 51688612My account number is : 025301523671My Contact number is : 9718104356i need my account active very soon please do the needfull...

justice by Md Fariduddin on 15 Jun 2009

Dear Madam, I,Md.Fariduddin,the employee of ICICI Bank (TBG)ID is 833045 working as a BDE(SE1)at Salt lake sec1 Br. Kolkata. My SM is Kunal Biswas employee ID 120882.Respectable Madam,being compelled,I am giving this mail to you because there is no way to me.I have a complain,maam that is I am not getting my salary from last 2 months(April

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